NOT LISTED FOR SALE

Estimated Value: $295,853 - $403,000

4 Beds
2 Baths
1,680 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $229,900 $137 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,174/month

Highlights

  • Oversized Lot
  • Patio
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • High Speed Internet

About This Home

As of February 2021

Great income producing Duplex on a nice oversized corner lot in Cape Coral Florida! This property is zoned
commercial professional. There are 2 bedrooms & 1 bath on each side. Laundry room off kitchen! Enjoy the shopping and restaurants that are close by. City water and sewer in and paid!! Cash buyers only!

Last Agent to Sell the Property

Tracy Teutsch

RE/MAX Realty Team License #658014281 Listed on: 02/24/2021

Last Buyer's Agent

non-member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85 x 151 x 85 x 151
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 29 / 2006
  • Assessor Parcel Number 06-44-24-C4-02006.0290

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,000
  • Net Operating Income $23,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,948

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 85 x 151 x 85 x 151
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: High Speed Internet
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06-44-24-C4-02006.0290
  • Zoning Description: P-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 23600.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 2948.0
  • Tax Block: 2006
  • Tax Lot: 29
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Loso Properties Llc
Bought by
Loso Properties Swfl Llc
Current Estimated Value
$338,713

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 19, 2021
Sold by
Covington Mary Sue and Gour Matthew
Bought by
Loso Properties Llc
Seller's Agent
Tracy Teutsch
RE/MAX Realty Team
Buyer's Agent
non-member MLS
List Price
$239,900
Sold Price
$229,900
Premium/Discount to List
-$10,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Desoto Holdings Inc
Bought by
Covington Mary Sue and Gour Matthew

Purchase Details

Closed on
Jan 26, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Desoto Holdings Inc

Purchase Details

Closed on
Aug 10, 2010
Sold by
Gonzalez Michael
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 14, 2005
Sold by
Cline Keith Dean
Bought by
Gonzalez Michael and Gonzalez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,625
Interest Rate
5.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Loso Properties Swfl Llc $100 None Listed On Document
Loso Properties Llc -- Landsel Title Agency Inc
Covington Mary Sue $55,000 None Available
Desoto Holdings Inc $47,000 None Available
Deutsche Bank National Trust Company $48,100 None Available
Gonzalez Michael $255,500 First Title Of Sw Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covington Mary Sue $350,000
Previous Owner Gonzalez Michael $236,000
Previous Owner Gonzalez Michael $191,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $229,900 -4.2% $137 / Sq Ft
02/24/2021 02/24/21 For Sale $239,900 0.0% $143 / Sq Ft
12/14/2018 12/14/18 Rented -- -- --
11/14/2018 11/14/18 Under Contract -- -- --
11/01/2018 11/01/18 For Rent $1,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,935 $237,383 $52,714 $177,832
2023 $3,935 $157,169 $30,120 $127,049
2022 $3,945 $170,689 $10,800 $159,889
2021 $3,020 $111,997 $10,800 $101,197
2020 $2,948 $103,353 $13,800 $89,553
2019 $2,783 $100,942 $13,800 $87,142
2018 $2,709 $101,742 $13,800 $87,942
2017 $2,333 $96,101 $12,600 $83,501
2016 $2,134 $84,323 $12,600 $71,723
2015 $1,943 $71,601 $12,000 $59,601
2014 -- $64,997 $8,400 $56,597
2013 -- $51,599 $4,700 $46,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221012511

Florida Gulf Coast Multiple Listing Service

APN: 06-44-24-C4-02006.0290